Fundamental view: The Euro has initially rallied during the course of the trading week but later fell to form a bearish candle. The corporate has benefited from economic growth and price pressures wane failed to impress Wall Street, which remained in a downbeat mood. That supported the safe-haven dollar. Isabel Schanel, a German member of [...]
Fundamental view: The Euro gave up against the greenback this week and closed with a bearish candle. Lack of Macroeconomic events and the spread of the coronavirus Delta variant fueling concerns may be the reason for the concerns in the market making way for the fall of the pair. On Thursday, European Central Bank announced [...]
Fundamental view: Euro rallied against the greenback in the past week. This is mostly due to the dovish comments from US Federal Reserve Chair Jerome Powell and tepid local employment-related data, all of which points to a delay in tapering. Hawkish which came from different fed officials led to the speculation the US central bank [...]
Fundamental view: The Euro has rallied a bit during the course of the week. The Geopolitical tensions in Afghanistan and the comments from US Federal Reserve Robert Kaplan who said that September is the time to outline tapering and start it in October, were behind the fall of US dollar. James Bullard, another member of [...]
